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3 Lloyd Street, Dudley, DY2 8NG

West Midlands

£85,000
Listed on 30/09/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
882 sqft

Description

This mid-terraced property presents a promising opportunity for renovation and investment in a desirable location. Set directly flush with the pavement, it features two spacious bedrooms, making it an appealing option for both first-time buyers and investors looking to enhance its value. On the ground floor, you'll find front and rear reception rooms that offer flexibility in layout, alongside a large breakfast kitchen that could benefit from modern upgrades. The first floor comprises a landing area, two well-proportioned bedrooms, and a bathroom with WC, all of which can be transformed into contemporary living spaces. The property includes a manageable rear garden, providing an outdoor area for relaxation or potential landscaping projects. While the home is equipped with gas central heating and double glazing, it requires significant modernization to reach its full potential, presenting a blank canvas for buyers eager to invest in improvements. Located conveniently within reach of local amenities and transport links, this property stands out for those looking to capitalize on its renovation potential. With vacant possession upon completion, this offers flexibility for immediate development or rental opportunities as the housing market continues to evolve. As part of an upcoming auction on 23 October 2025, this property is available for viewing during scheduled times. Prospective buyers should consider the inherent investment advantages it offers through strategic enhancements to both the interior and exterior spaces. Please be advised to conduct thorough due diligence regarding any modifications you envision before bidding.

Investment Analysis

(DY2 area)

Below Market Value

This property is priced -57.1% below area average per sq ft

-57.1%
Potential saving
This Property
£96/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£210
Avg Yield
4.9%

Renovation Potential

Est. Renovation Cost
£8,500 - £21,250
10-25% of property value
Target Value
£217,761
10% above area average per sq ft
Potential ROI
+105.0%
After renovation
Monthly Sales
18
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (DY2)

Area prices are rising by +4.8% over the last 12 months
3 year growth: 16.5%
5 year growth: 32.3%
Investment Disclaimer: Analysis based on DY2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

3 Lloyd Street, Dudley, DY2 8NG
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